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MakerDAO's Christensen Hopes for 'Firm Decision' as MKR Holders Vote on Sky Brand
5.11.2024
Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low
MakerDAO Contemplates Dropping Sky Brand as Community Debates
23.10.2024
SKY has significantly underperformed the CoinDesk 20 since the re-brand
Sky Pauses Plan to Offboard Wrapped Bitcoin, After Chat With BitGo's Belshe
25.9.2024
An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun's involvement in the custody of bitcoin backing the WBTC token
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
19.9.2024
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding
Grayscale launches investment fund for MakerDAO token
13.8.2024
Grayscale also launched funds for protocols Bittensor and Sui in August
Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
8.2.2024
The Protocol: Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted
6.9.2023
What is a blockchain “sequencer?” Here’s why you need to know
MakerDAO co-founder proposes fork of Solana codebase for native chain
2.9.2023
Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.”
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
21.6.2023
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
14.6.2023
An arbitrage bot flash loaned $200 million worth of the dai stablecoin from MakerDAO on Wednesday, making a $3.24 profit after transaction fees
DAO Maker Price is Going to Zero and Crypto Whales are Stacking Launchpad XYZ as a Better Alternative– What Do They Know?
31.5.2023
The DAO Maker (DAO) price has been caught in a downward spiral since falling below its 100-day moving average on May 13. However, certain signals suggest the sell-off may be nearing an end and a reversal could be on the horizon.
The DAO Maker price is currently trading at $1.153, down by 0.58%...
Sushi DAO to Set up Defense Legal Defense Fund; Project Receives Unspecified US SEC Subpoena
23.3.2023
Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to defend itself from legal actions against...
Maker DAO files emergency proposal addressing 3.1B USDC exposure
11.3.2023
"Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less," says Maker
Best Crypto to Buy Today 6 March – FGHT, MKR, METRO, IMX, CCHG, TARO
6.3.2023
Shares of cryptocurrency-related firms, including Coinbase Global, Signature Bank, and Ebang International plunged during premarket trading following Silvergate Capital's decision to discontinue its cryptocurrency payment network, SEN. Amid the current rough patch in the cryptocurrency market...
Best Crypto to Buy Today 2 March – FGHT, MKR, CCHG, CFX, TARO
2.3.2023
On Thursday, the crypto market has experienced a significant downturn following signals of distress from Silvergate Capital, a prominent banker in the digital asset industry. Bitcoin's price has slipped by 1.99% in the past 24 hours, and is currently at $23,269....
Read More: Best Crypto to...
Orbeon Protocol (ORBN) resists the bear trend, Terra (LUNA) is up 2.86% while DAO Maker (DAO) reaps 7.18% gain
17.2.2023
Cryptocurrency investors have reasons to be optimistic about the crypto industry this year, as many projects are looking up. Terra (LUNA), Orbeon Protocol (ORBN), and DAO Maker (DAO) holders are optimistic about their investment as these tokens keep appreciating. Let’s find out ORBN, LUNA,...
MakerDAO launches $5M legal defense fund
1.2.2023
At its inception, the defense fund will receive a budget of $5 million held in the DAI stablecoin
MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
28.8.2022
While revealing the protocol's inability to comply with regulators, Christensen suggested that "we must choose the path of decentralization."
Maker cuts off Aave's DAI supply as fallout from Celsius continues
17.6.2022
The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...